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Albion Financial Group UT raised its position in SPDR MSCI USA Gender Diversity ETF (NYSEARCA:SHE) by 30.9% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,384 shares of the company's stock after acquiring an additional
Given the power of women in the world of business, investors may want to add female-centric companies to their portfolios with these ETFs.
SHE offers exposure to 241 U.S. large-cap companies committed to gender diversity. Its expense ratio is reasonable at 0.20% and the ETF has $260 million in assets under management. Due to an unusual screen unrelated to gender diversity, SHE has badly lagged behind SPY since its launch in March 2016. This left many investors with a bad impression. Fortunately, the ETF changed course in December 2022 and is now delivering returns more in line with SPY. Compared to other gender diversity ETFs like WOMN, it's a good choice.
It is always fun to root for the underdog. Who doesn't like a good Cinderella story?
On International Women's Day, let us see how women have altered both the managerial and investing landscape in a big way over the past couple of decades.
As "Barbie" continues to shine at the box office, investors may want to closely monitor ETFs that align with the themes and industries influenced by this groundbreaking cinematic achievement.
Did you know that some large-cap, blue-chip companies like Accenture (ACN) (run by Julie Sweet), Northrop Gruman (NOC) (Kathy Warden), Oracle (ORCL) (Safra Catz), Occidental Petroleum (OXY) (Vicki Hollub), and Progressive (PRGR) (Tricia Griffith) have a female CEO? There are also female CEOs of small- and mid-sized companies like Exponent (EXPO) (Catherine Ford Corrigan), Oil
State Street executives paid tribute to Kathleen Moriarty, the lawyer instrumental to developing the SPDR S&P 500 ETF (SPY), who passed away in December. “Kathleen was the epitome of a lawyer.